4 Orchard Way

    4, ORCHARD WAY, MARKET RASEN, LN8 3HE

    This semi-detached freehold property on Orchard Way last sold in November 2022 for £245,000. Based on price growth in the LN8 district since then, its estimated current value is £240,809 — placing it in the 35th percentile nationally and the 51st percentile within LN8. The property covers 61 m² (657 sq ft), giving an estimated value of £3,948 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £245,000

    Nov 2022

    Estimated Valuation

    £240,809

    Est. £/sq ft

    £367/sq ft

    £3,948/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateOct 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Nov 2022

    £245,000

    22 Oct 2004

    £125,000

    Key Metrics

    Estimated valuation£240,809
    Value per sq ft / m²£367/sq ft (£3,948/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN8 district percentile51st percentile
    National percentile35th percentile

    District Context — LN8

    LN8 covers the coastal and rural areas around Alford and Spilsby in east Lincolnshire, situated inland from the North Sea coast. It is a predominantly rural postcode with a characterful, quieter appeal suited to those seeking a countryside setting away from urban centres.

    Average Property Price - LN8

    £264,976

    32

    National percentile

    Average Net Household Income - LN8

    £37,112

    45

    National percentile

    10-Year Annualised Price Growth - LN8

    4.0%

    68

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN8

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